Hawaii Living

Kona Kai #C2 (Kona)

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74-5618 PALANI RD #C2, Kona

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Description
This is a leasehold property.

Tastefully updated and clean 2-bedroom condo, centrally located in Kona!

This well-maintained, top floor unit features:
-stainless steel appliances
-open kitchen with excellent food prep space
-newer laminate & tile flooring throughout
-updated bathroom
-screened-in lanai
-upgraded windows and AC units.

Kona Kai features a community pool, BBQ’s, and is a short walk to Ali’i Drive, the Kailua Pier, restaurants, coffee/tea shops, grocery stores, shopping, and much more!

Unit is not being used as a short-term vacation rental (STVR) however it is located in an STVR-approved zoning. Pets are allowed with board approval.

$613/mo AOAO Monthly maintenance fee includes water, hot water, propane for cooking, rubbish removal, landscaping, insurance on the buildings, common area electric and pool maintenance

Lease rent is billed semi-annually at $2,337. Leasehold rent is set until 2029. Lease renegotiation is in 2029 with current lease expiring late 2034.
Past Activity
More Details
  • HOA Fees / ft²: $1
  • Price / ft²: $297
  • Zoning: CV-10
  • Amenities: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • TMK: 3740100360018
  • Tax Assessed Value: $95,100
  • Courtesy: Hawaii Life
  • MLS: 654578
Good to Know
Note: This page displays all condos for sale in Kona Kai.
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on November 21, 2024.
Other Kona Kai Listings
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Leasehold
$189,000
Kona Kai #B7
2 Bds | 1 Ba
616 ft²
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Leasehold
$188,500
Kona Kai #G1
2 Bds | 1 Ba
616 ft²
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Leasehold
$179,500
Kona Kai #M6
1 Bd | 1 Ba
535 ft²
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Leasehold
$167,000
Kona Kai #D8
1 Bd | 1 Ba
624 ft²
Other Big Island Condos
  • Sold 12/9/21 at $183,000
    (List Price: $189,000)
Description
This is a leasehold property.

Tastefully updated and clean 2-bedroom condo, centrally located in Kona!

This well-maintained, top floor unit features:
-stainless steel appliances
-open kitchen with excellent food prep space
-newer laminate & tile flooring throughout
-updated bathroom
-screened-in lanai
-upgraded windows and AC units.

Kona Kai features a community pool, BBQ’s, and is a short walk to Ali’i Drive, the Kailua Pier, restaurants, coffee/tea shops, grocery stores, shopping, and much more!

Unit is not being used as a short-term vacation rental (STVR) however it is located in an STVR-approved zoning. Pets are allowed with board approval.

$613/mo AOAO Monthly maintenance fee includes water, hot water, propane for cooking, rubbish removal, landscaping, insurance on the buildings, common area electric and pool maintenance

Lease rent is billed semi-annually at $2,337. Leasehold rent is set until 2029. Lease renegotiation is in 2029 with current lease expiring late 2034.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on November 21, 2024.
    Note: This page displays all condos for sale in Kona Kai.
    Other Kona Kai Listings
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    Leasehold
    $189,000
    Kona Kai #B7
    2 Bds | 1 Ba
    616 ft²
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    Leasehold
    $188,500
    Kona Kai #G1
    2 Bds | 1 Ba
    616 ft²
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    Leasehold
    $179,500
    Kona Kai #M6
    1 Bd | 1 Ba
    535 ft²
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    Leasehold
    $167,000
    Kona Kai #D8
    1 Bd | 1 Ba
    624 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.